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Note conversion

The books of Quill Morris,! Ltd, will close on May 19 [ and reopen on May 21 for the purpose of payment of [interest on convertible notes [and determining entitlements! [on conversion of the notes; [to ordinary shares on May! 31. Interest is calculated at [the rate of 8 per cent a year; [for the period April 1 to; !May 31 and will be paid on [May 31. The new shares will: [participate to the extent ofj 5/6ths of the dividends in respect of the year to March! 31, 1979, normally payable! December, 1978, and July! 1979. The notes are ex interest on May 16.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19780522.2.163.15

Bibliographic details

Press, 22 May 1978, Page 21

Word Count
106

Note conversion Press, 22 May 1978, Page 21

Note conversion Press, 22 May 1978, Page 21